US stock / ETF

AutoZone, Inc.

AZO · NYSE · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

AZO 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $3,378.4 and stabilize above resistance $4,388.1.

Invalidation Trigger

Break above $4,388.1 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 45.5, MACD -134.356

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $453.18 (14.84%)

Monthly

EMA Structure

Range
EMA 8$3,279.3Bearish
EMA 21$3,378.4Bearish
EMA 50$2,982.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.5 · MACD -134.356

Neutral zone

Strength
Bearish
Volatility
ATR $453.18 · BB 39.76%

High volatility

Strength
Bearish
Volume
MFI 38.0 · OBV 24.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$2,463.5 - $4,388.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+58.57% · 3.9 ATR above latest close

$4,841.3
Nearest resistance

+43.73% · 2.9 ATR above · 34-bar high

$4,388.1
Current price

Price shown is delayed

$3,053.1
Nearest support

-19.31% · 1.3 ATR below · 34-bar low

$2,463.5
Deeper support zone

-34.16% · 2.3 ATR below latest close

$2,010.3
ATR zone

Latest close ± ATR14

$2,599.9 - $3,506.3

Indicators

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.0 / 10.5 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,665.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,522 / $3,045.7Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

High volatility

$453.18 (14.84%)Bearish
Bollinger Bands (20,2)

Width 39.76%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,289 / $2,478.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,599.9 / $3,506.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,463.5Range

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is negative

-134.356Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.2 / 12.1Bearish
Williams %R (14)

Oversold zone

-89.8Bullish
CCI (20)

Weak expansion

-151.4Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

24.49%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $4,388.1, invalidation $3,210.7

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.0 / 10.5 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,665.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$3,522 / $3,045.7Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Neutral zone

45.5Range
MACD (12,26,9)

Histogram is negative

-134.356Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.2 / 12.1Bearish
Williams %R (14)

Oversold zone

-89.8Bullish
CCI (20)

Weak expansion

-151.4Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$453.18 (14.84%)Bearish
Bollinger Bands (20,2)

Width 39.76%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$4,289 / $2,478.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$2,599.9 / $3,506.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

24.49%Bullish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$4,388.1Range
Support

Nearest Downside Decision Level

$2,463.5Range

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